VAT Penalty Rules
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VAT
New VAT Rules for UK Businesses in 2025: What the Penalty Changes Mean for You
July 16, 2025
The new VAT rules introduced by HMRC from 1 April 2025 represent the most significant change to VAT compliance in years. Under Schedule 26 of the Finance Act 2021, businesses now face a stricter penalty structure for late VAT payments. The core aim of these new VAT rules is to tighten compliance, close the £40… View Article
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